Odyssey Marine Exploration Downgraded by Zacks (OMEX)

Zacks cut shares of Odyssey Marine Exploration (NASDAQ:OMEX) from a hold rating to a sell rating in a research report released on Thursday, Market Beat Ratings reports.

According to Zacks, “Odyssey Marine is in the field of deep ocean shipwreck exploration. “

Shares of Odyssey Marine Exploration (NASDAQ:OMEX) traded down 2.180% during midday trading on Thursday, hitting $ 0.341. The company had a trading volume of 307,689 shares. Odyssey Marine Exploration has a 12 month low of $ 0.30 and a 12 month high of $ 1.39. The firm’s market capitalization is $ 30.61 million. The company has a 50-day moving average of $ 0.39 and a 200 day moving average of $ 0.57.

Odyssey Marine Exploration (NASDAQ:OMEX) last posted its quarterly earnings data on Friday, August 7th. The company reported ($ 0.07) earnings per share for the quarter, hitting the consensus estimate of ($ 0.07). On average, analysts expect that Odyssey Marine Exploration will post ($ 0.20) EPS for the current fiscal year.